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  1. Newsletter 140 -17/11/2017

    Newsletters

    . Tsipras revealed in a televised address on Monday that of the 1.4-billion-euro total, 720 million... a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total... of the total, the lowest for the year so far. Part-time and shift work made up 47.8 percent and 14.5 percent

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  2. Newsletter 145

    Newsletters

    to total no more than 20 million euros), reports suggested that the lenders are annoyed due to a lack... in 2017. The report revealed that 247,236 companies employed a total of 1.90 million people in 2017. Of this total, 79,043 were employed by more than one firm. Compared to last year, the number

    17%
  3. Newsletter 159 -27/04/2018

    Newsletters

    produced a total surplus of 1.45 billion euros, which translates into 0.8 percent of GDP. The primary... are broadly in line with Greece’s fiscal performance in 2016 when the latest figures report a total... remained broadly unchanged, with a small revision by 0.1 percent higher in the total balance for 2016

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  4. Mortgage loans a key piece of NPL reduction puzzle

    EconomyBanking

    of roughly 21 to 38 percent of the current total. In an interview with Kathimerini newspaper.... Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13 billion are classified as non... government has historically tried to steer clear of. In total, the new SSM targets will aim for NPE stock

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  5. Alpha Bank and Eurobank start new year with further bad loan sales

    EconomyBanking

    unsecured NPLs (Mercury project) with a total outstanding balance of 2.1 billion euros and a total... pile. The merger also meant that Eurobank is now the best capitalised bank in Greece, with total capital ratio at 19 percent. In a statement, the bank said that the merger would “substantially

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  6. Newsletter 193 -08/02/2018

    Newsletters

    of year general government bulletin also showed this week that 2018 ended with a total of 2.04 billion... percent. Year-on-year, the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total... showed a rise of 1.1 percent in the trade deficit, bringing the total shortfall to 21.47 billion

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  7. Newsletter 196 -01/03/2019

    Newsletters

    of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close... by 1.55 bln Drop in sight deposits main driver of outflows for the month Total deposits, which also

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  8. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    euros in total and consist of individual corporate loan sales and an unsecured portfolio. Overall... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank... at 16.2 billion, falling further to 7.4 billion by the end of 2021. In total, this represents

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  9. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    quarter of last year are priced higher than the total portfolio, stimulating the NII dynamics... wholesale funding cost impact following the total elimination of Emergency Liquidity Assistance (ELA... funding in mid-July 2018, meaning ECB funding makes up the total current sum. Management said

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  10. Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
    Image via www.piraeusbankgroup.com

    EconomyBanking

    entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... by 86 million in Q1, marking a fourth consecutive quarter of declines, bringing the total to 13

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